ON 'CHANGE.

Auckland Star, Volume LXV, Issue 21, 25 January 1934, Page 4

ON 'CHANGE.

BUSINESS IS GOOD.

GOVERNMENT STOCKS SELLING.

FAIR INTEREST IN MINES.

Business on tlie Auckland Stock Exchange continues at a satisfactory level, and there has been a substantial turnovei during the past 24 hours. government stocks have received more attention, with buyera keen at full late rates. At this morning's call conditions were less brisk, and most business was recorded in tne mining section. After a sale ot Blackwater at £1 15/3, there were still buyers at £1 15/. Consolidated.? were in demand at 17/, and Waihis at 29/10. In the banking section Aew Zealands continued to weaken, with sellers at i-i 8/6,- and best buyers offering 1/ less. Queensland Nationals were asked for at £ Auckland Gas fgned up with buyers at £1 4/, and no seile.-s. Values Steady at Noon. " Values were steady at noon, except for investment Executive B debentures, which made a sharp rise to £2 above par. ' There were later buyers of this scrip at £101 10/. _ ■ Activity in the mining section centred round Gillespie's Beach, King Solomon and Wa.itahu ehaTes, which were all farm.

SAXES COMPLETED. AT THE 3.1 S P.M. CALL YESTERDAY — Last Sale. National Bant .. £4 8 « .. £4 2 0 New Zealand Ins. -18 0 .. -18 0 South British .. 316 6 .. 317 0 Dalgety'u 10 i 6 .. 10 11 0 Farmers' Auc. (B . If . R pref.) 019 O .. 013 6 Anthony Hordern 016 3 .. — Colonial Sugar .. 63 O 0 .. fc 0 0 Komata Reefs .. Col.. O o o Mt Lyell ....... 1 o 3 .. 15 o Bank of N.S.W. 34 12 6 .. o4 17 6 UNLISTED. Skippers 0 0 6 .. 0 02} AT THE 10 A.WI. CALL TO-DAY — Blackwater 113 3 .. 115 9 Gillespie's Beach 0 2 2 .. 0 -0} Mataxl Sort*" S Tin Crown Mines .... 0 * 0 .. 0 110 Stock, 15/1/40, 4 101 o 0 .. 101 0 0 UNLISTED. ■Wool-worths (Syd., ord.) 5 0 6 .. — AT THE 12.15 P.m. CALL TO-DAY— Loan and Merc... 69 2 6 .. 59 2 6 Auck. Gas (cont.) 017 9 .. 017 9 Leyland-O'Brien . 1 0 6 .. 12 5 Farmers' Trading 0 3b.. v a o Gillespie's Beach 0 2 2.. 0 - i King Solomon .. 0 3 S .. w a a Waitahu 0 6 2 .. UNLISTED. In Je e w ■??...?. .tOS 00..89 0 0

interest bates.

The return to the investor on his outlay, based upon the latest dividends, works out as follows on the latest sales. \Vhere Government stocks are included the calculation provides for redemption at maturity. In' the case of local body issues allowance is also made for 20 per cent interest reduction: — PER CENT PER ANNUM. £ b. d. National Bank 2 5 2 New Zealand Insurance .... 3 9 o Sonth British 3 9 £ Dalgety •■•••• ; J 8 z Farmers'. Auctioneering (B pref.) " 5 u Colonial Sugar •:••••' HI S Bank of New South Wales . 9 t Mount Lyell 1 19 « Stock, 4 (15/1/40) 3 19 O Auckland Gas (con.) f 13 0 Leyland-O'Brien 4 17 o Investment Executive (B debentures) 6 13 0 SOUTHERN EXCHANGES. CHRISTCHURCH, Wednesday. Sales. —Dalgety, £10 7/; Tooth's Brewery, £2 4/7; Carlton, £2 4/9, British Tobacco, £1 17/2; Kalapoi

Woollens <17/ paid), 10/9: Mount Lyell £15/; Blackwater, SI 15/6; Brian Boru 25/10; Gillespie's Beach, 2/1. WELLINGTON, Wednesday. Sales.—Stock, 15/3/38-43, 31, £103 15/; Electrolytic Zinc, £1 7/3. DUNEDIN, Wednesday. Sales.—Stock, 15/3/38-43, 31, £101 15/ ; Bank of Australasia, £12 16/6 ; Bank of New South Wales, £31 -15/; Blackwater, £1 15/9; Okarito, :9/ (2) : Gillespie's Beach, 2/01, 2/ (2). Unofficial; National Tobacco, £3 10/. '' CALL AND DIVIDEND LIST. DIVIDENDS. Dae. Kuala Lumpur Tin—6d a share . Now A. P. Assurance —Tear, 11 p.c. .. Jan. 80 Commercial Bank of Sydney— Interim, 2j p.c. Jan. 30 Union Bank —Interim, 2/ a share, sterling (tax free) ..... Jan. 31 British Tobacco —Interim, pref., quarterly, 6 J p.c. p.a. (less special property tax) Jan. 31 Christchurch Gas—-3 p.c. for halfyear, making interim dividend of 6 p.c Jan. — Christchurch Gas—Final, 3 p.c. . Feb. — Commercial Bank—lnterim, pref., 2. p.c.: ord.. 24 p.c. Feb. 2 New Zealand Refrigerating — 4 p.c. and bonus 1 p.c. Feb. 3 Wellington Gas—Pref., 5 p.c. p.a., ord. 8 p.c. p.a Feb. 6 Auckland Gas—Final, 25 p.c. .. Feb. 6 New Zealand Insurance —Interim, 1/ a share Feb. 14 Queensland National Bank—2 p.c. Feb. 14 Electrolytic Zinc.—Pref., 8 p.c. p.a. for year ended Dec. 31. . Mar. 14 National Mortgage—-Final, 21 p.c. Mar. — CALLS. Bendlgo Goldlight—3d a share . Feb. 5 AUSTRALIAN EXCHANGES. SYDNEY, January 24.

On the Sydney Stock Exchange to-day the market in all sections was generally steady. There was much activity in gold shares, but' banks were neglected. This morning's sales included: —Commonwealth 4 per cent bonds: 1938, £104 18/9; 1953. £106 5/; 1959, £107 8/9. Toohey's Brewery, 28/4%; Tooth's Brewery, 45/3; Associated News, 21/6; ditto, preference, 22/4%; Broken Hill Proprietary, 44/3; Dunlop-Perdriau, 21/7%; Howard Smith, 16/6; Lustre Hosiery, 23/6; Morris, Hed6trom, 18/6. Sales this afternoon included:—Colonial Sugar, £65 15/; Australian Provincial Assurance, 11/5; Mercantile Mutual, 23/; ] Associated News, 21/6; Australian Gas, A shares, £7 17/6; British Tobacco, 37/4%; Tooth's Brewery. 45/3; Toohey's Brewery, 28/4%; Carlton Brewery, 46/3; ditto, New Zealand delivery, 46/; Dunlop-Perdriau, 21/6; ditto, preference, 36/3; Goldsbrough, Mort, 36/; Commonwealth Wool, 21/3; Morris, Hedstrom, 18/6;. Anthony Hordern, 16/l%d; ditto, preference, 24/10%; United Provisions, 10/; General Industries, 12/4; Howard, Smith, 16/1%; Mount Morgan, 71/; Mount Lyell, 25/1%; South Broken Hill, 67/6; Kuala Kampar Tin, 15/6.

Melbourne sales included: — Goldsbrough, Mort, 36/1%; Howard Smith, 16/3; Dunlop-Perdrian. 21/9; "Herald" and "Weekly Times," 51/6; Mount'Lyell, 25/3.